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Liwwa raised $6m to fuel growth of its SME lending marketplace in Jordan and Egypt

Jordan based SME lending marketplace raised $6m in equity funding led by Dutch Entrepreneurial Development Bank FMO.

Ahmed Moor, Liwwa’s co-founder and CEO, said, “We see enormous potential in these markets and we’re committed to our mission of delivering jobs where they’re needed. “In time we aim to offer the whole range of products an SME may need to thrive in our markets. FMO Ventures Program brings deep industry experience which has helped guide us, and will continue to do so. We’re delighted to be working with the team there as we go deeper into Jordan and Egypt and eventually to new markets.”

Tags

mena, lending